District of Columbia legislation · 26th Council
District of Columbia B704: Public Trust in Utility Regulation Act of 2026
Status: In committee, June 26, 2026
As introduced, Bill 26-704 would require an electric or gas company proposing a change in rates to submit with its application a detailed description of their capital expenditures to the Public Service Commission. It would also require the Public Service Commission to conduct an audit of public utilities once every three years.
What the bill says
A bill _________________________ IN THE COUNCIL OF THE DISTRICT OF COLUMBIA _________________________ To require an electric or gas company proposing a change in rates to submit with its application a detailed description of their capital expenditures to the Public Service Commission, and to require the Public Service Commission to conduct audit of public utilities once every three years.
From the introduced text, June 15, 2026:
A BILL _________________________ IN THE COUNCIL OF THE DISTRICT OF COLUMBIA _________________________ To require an electric or gas company proposing a change in rates to submit with its application a detailed description of their capital expenditures to the Public Service Commission, and to require the Public Service Commission to conduct audit of public utilities once every three years. BE IT ENACTED BY THE COUNCIL OF THE DISTRICT OF COLUMBIA, That this act may be cited as the "Public Trust in Utility Regulation Act of 2026". Sec. 2. Definitions. For the purposes of this act, the term: (1) "Capital expenditure" means an expenditure for a utility project, investment, facility, equipment, or other asset, including upfront capital costs and financing costs, that an electric company or gas company proposes to capitalize and recover from ratepayers through rates, charges, riders, surcharges, or any other cost-recovery mechanism approved by the Commission. (2) "Commission" means the Public Service Commission of the District of Columbia. (3) "Electric company" shall have the same meaning as provided in paragraph of section 8 of An Act Making appropriations to provide for the expenses of the government of the District of Columbia for the fiscal year ending June thirtieth, nineteen hundred and fourteen, and for other purposes, approved March 4, 1913 (37 Stat. 976; D.C. Official Code § 34-207). (4) …
Sponsors
- Lewis George, Janeese (D) · primary sponsor
Latest actions
- : Public Hearing
- : Notice of Intent to Act on B26-0704 Published in the DC Register
- : Referred to Committee on Transportation and the Environment
- : Introduced in Office of the Secretary
Common questions
- What is B704?
- B704 is a bill in the District of Columbia Legislature (26th Council): Public Trust in Utility Regulation Act of 2026.
- What does B704 do?
- In its own words: A bill _________________________ IN THE COUNCIL OF THE DISTRICT OF COLUMBIA _________________________ To require an electric or gas company proposing a change in rates to submit with its application a detailed description of their capital expenditures to the Public Service Commission, and to require the Public Service Commission to conduct audit of public utilities once every three years.
- What is the status of B704?
- In committee as of June 26, 2026. Latest action: Public Hearing (October 1, 2026).
- Who sponsored B704?
- Lewis George, Janeese (D).
- Where is the official record for B704?
- On the District of Columbia Legislature website: https://lims.dccouncil.gov/Legislation/B26-0704
Source: official District of Columbia record. Tracked by Delilah, AI for legislation across all 50 states and Congress.